Is Columbia City, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbia City is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Columbia City has remained a Seller's Market.

Key Takeaway

Columbia City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Columbia City, IN cost?

Median Sold Price

$184,950

$127/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

-$22,500(-10.8%)

Key Takeaway

Homes in Columbia City have sold for 10.8% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 --
N/A
2 $208.4K$107.4K
-48.5%
3 $204.9K$184.9K
-9.7%
4 $335K$340K
+1.5%
5+ -$325K
N/A

Median Sold Price Compared To Nearby Cities

Union Township
+9.9%
Columbia Township
+8.6%
Columbia City
-10.8%
Thorncreek Township
-43.2%

How many homes are available in Columbia City, IN?

Number of Homes For Sale

Sep 2022Oct 2022%
42420.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 97
-22.2%
3 2730
+11.1%
4 43
-25.0%
5+ 22
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
188-55.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbia City, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Columbia City, IN

There are 42 homes are for sale in Columbia City, IN real estate market. Between October 2021 and October 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went down by 48.5%, 3 bedrooms properties became 9.7% more cheaper, 4 bedrooms properties prices increased by 1.5%, 5 bedrooms properties became 0% more expensive. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went down by 22.2%, volume of 3 bedrooms homes went up by 11.1%, number of 4 bedrooms homes decreased by 25%, the quantity of 5 bedrooms homes have not changed. Columbia City, IN housing market in October 2022 saw over 1 listings sold above listed price, more than 6 sold at listed price and over 1 sold below.

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